for the purpose of making the Aircraft available to any officer, director, employee or affiliate of Lessee, and (ii) reimbursement for the carriage of
candidates in federal elections under 14 C.F.R. Section 91.321, shall be permitted, each in a form and substance acceptable to Lessor in its reasonable discretion and *provided*: (1) no Event of Default is then existing, (2) such
arrangement does not result in any breach of any other provision of this Agreement or any breach of the Aircraft Mortgage, (3) Lessee remains primarily liable under this Agreement, (4) any such arrangement is subject and subordinate to
Lessor’s rights hereunder (including its right of repossession) and to Bank’s rights under any Aircraft Mortgage, and in the case of operations under item (i) above, the officer, director, employee or affiliate expressly acknowledges
the same in such agreement for the benefit of Lessor, and any such agreement is a true lease and does not result in a grant of a “security interest” as such term is used in Section 1-201(37) of the UCC, does not permit any further
subleasing or other disposition, is for a term less that six months, and does not permit any de-registration of the Aircraft from the FAA Registry or the registration of any international interests with the International Registry of Mobile Assets in
Dublin, Ireland pursuant to the Convention on International Interests in Mobile Equipment and the Protocol to the Convention on International Interests in Mobile Equipment on Matters specific to Aircraft Equipment and the regulations and procedures
thereunder (“**International Registry**”) or allow registration of the Aircraft in the registry of any aviation or other governmental authority of any other nation.